It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. worldtradex, the broker of choice for traders seeking safety, variety, and expert guidance. Explore a world of forex, CFDs, and cryptocurrencies with confidence.
We generate income through various methods, which helps us convey facts transparently and not write biased content due to „broker sponsorships,” „commissions from financial companies,” and „advertisements.” worldtradex offers the TradeCopier platform for both professionals and amateur traders. If you’re confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees. The fee structure is one of the main topics in worldtradex reviews. While the broker charges no commission, it provides a simple and straightforward list of Average spreads for various account types. We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
- worldtradex notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review.
- It is important to be aware that worldtradex lacks licenses from prominent regulatory authorities.
- worldtradex does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria and North Korea.
- This trading bonus is particularly attractive because it’s available to all clients, regardless of their trading experience.
- This bonus increases your leverage, allowing you to trade larger positions.
- worldtradex is an online CFD broker based in the Seychelles, fully authorized and regulated by the Seychelles Financial Services Authority (FSA).
First, open a new account with worldtradex if you haven’t already. I recommend beginners start with the worldtradex video lessons before funding a worldtradex account. I also urge beginners to seek https://worldtradex.pro/ in-depth education from third parties to deepen their foundation and avoid paid-for courses. Here’s a balanced look at the Advantages and disadvantages of trading with the broker.
So far, trading here has been decent, and I haven’t had reasons to doubt its reputation. When you deposit into your account, you can receive up to 40% in bonus funds. Note, this bonus is NOT available to EU, USA, Iran, Cuba, Sudan, Syria, and North Korea.
Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. There are still some brokers that follow the customs and satisfy old traders, like me. I don’t talk about regulations and stuff, these formalities never interested me.
Unique Features
worldtradex broker offers multiple promotions, including a deposit bonus of up to $2,000, and the 100% Supercharger. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
worldtradex is an online CFD broker based in the Seychelles, fully authorized and regulated by the Seychelles Financial Services Authority (FSA). You can receive cashback on cryptocurrency trades such as Bitcoin, Ethereum, Ripple, LiteCoin, Tether, etc. The sign-up process is quick and easy, designed to get you trading as soon as possible. Once your account is open, verify your identity to ensure compliance with regulations. worldtradex accepts traders resident in many countries, however it is not targeted at residents of the EU where it is not licensed. worldtradex does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea.
worldtradex Mobile Trading App:
However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. In my trading with spot metals and the MT4 app from the worldtradex broker, I have almost zero hiccups.
Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. worldtradex offers a 20% Welcome Deposit Bonus, up to $2,000, to boost your trading capital. This bonus increases your leverage, allowing you to trade larger positions. However, the bonus cannot be withdrawn and is subject to specific conditions. Note that the bonus is NOT available to residents of the EU, USA, Iran, Cuba, Sudan, Syria, or North Korea.
- Deposits were quick, and my withdrawal went through without complications.
- Traders with highly specific investment preferences might find more tailored options elsewhere.
- worldtradex offers beginners a quality introduction to trading via its video course, and the minimum deposit of $50 ensures worldtradex is accessible to traders with smaller portfolios.
- We may receive compensation from partners through advertising, but this does not influence our recommendations or ratings.
worldtradex converts deposits and withdrawals in other currencies to the account base currency at market rates. Traders may choose from three account types, where the only visible difference is a difference in trading fees. A Cent account is also available, which I recommend to beginners to learn how to trade in live trading conditions. worldtradex goal is to provide their clients with the ultimate trading experience, and they are constantly developing their services to improve the way their clients invest in financial markets. The minimum deposit at worldtradex is $50 but may be higher for the more sophisticated account types.
Commission and Spread Fees
Hi Sébastien Morel,We really appreciate you sharing your worldtradex experience with us! Hi Kunn P.,We really appreciate you sharing your worldtradex experience with us! I was worrying about my adaptation period on the mt4 platform but it turned out to be easy to use. There is nothing complicated about understanding all the features, yeah, the user interface may look outdated a little bit but it’s not a big deal for me. At least, it works without lags and I was glad to make my first profits here. Damadah Holding Limited, with registered address of 365 Agiou Andreou, Efstathiou Court, Flat 201, 3035 Limassol, Cyprus, facilitates services to Tradeco Limited, including but not limited to payment services.
When it comes to funding and withdrawals, worldtradex offers a relatively wide variety of options for clients to choose from. The number of available trading instruments and the trading commissions are in line with industry averages. However, it’s worth noting that the broker does not offer any additional tools for trading analysis. worldtradex provides trading services on over 300 financial instruments across six asset classes, including Forex, and Shares. The company has an average score of 3.7 on TrustPilot, and offers 24/5 support in 30 languages.
While no trading platform is entirely risk-free, worldtradex’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders. worldtradex offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll Worldtradex reviews delve into worldtradex’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. worldtradex has regulatory oversight from the FSA in Seychelles, segregates client deposits from corporate accounts, offers negative balance protection, and has a clean track record.
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Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features. Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices. worldtradex offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders.
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. worldtradex does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.
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I checked the process by usdt crypto and it worked very well, can be trusted. It is important to be aware that worldtradex lacks licenses from prominent regulatory authorities. Customer support is limited to email communication or through the website’s contact form, as they do not offer phone support or instant messaging assistance. The educational resources provided by the broker primarily consist of webinars. Forex trading involves significant risks, including potential loss of your entire investment.
Yes, worldtradex has a low minimum deposit requirement, allows micro-lot trading and fractional share dealing, has a Cent account, and has quality educational content, making it a good choice for beginners. Traders can get three non-withdrawable bonuses, the 100% Supercharger bonus, the 40% Takeoff bonus limited to $4,000, and the 20% Welcome bonus capped at $2,000. Terms and conditions apply, and I highly recommend traders read and understand them before accepting any incentive. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. The „TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.